Formal and informal finance – Firm growth in Ghana F-33204-GHA-1

E. Amissah, A.Gyeke-Dako | IGC

This study adds to the recent strand of studies by using firm level data on Ghana to examine financing options and how that can impact firm growth. The authors extend the literature by looking at only informal firms that are essential to the growth of development of developing countries. Using different techniques, their results show that bank financing promotes firm growth.

Ghana, Access to Finance, SME Finance & Leasing, Informal Finance
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